Edwin Mutai

1 week ago | nation.africa | Edwin Mutai

Kenyans from various sectors have rejected several proposals in the Finance Bill 2025, citing concerns over increased taxation on essential goods, invasion of privacy, and scrapping of tax incentives for affordable housing. Key objections include the proposed shift of essential goods from zero-rated to standard VAT at 16 pr cent, which stakeholders warn will drive up the cost of living from July 1, 2025.

1 week ago | taifaleo.nation.co.ke | Edwin Mutai

Habari Serikali yapanga kuongeza bei ya soda, juisi ili wananchi wadumishe afya bora Na EDWIN MUTAI May 30th, 2025 Kusoma ni dakika: 1 BEI ya vinywaji kama soda, juisi, na maziwa ya mtindi inatarajiwa kupanda iwapo Bunge la Taifa litapitisha pendekezo la kuanzisha Ushuru wa Uimarishaji Afya.

1 week ago | nation.africa | Edwin Mutai

The cost of carbonated soft drinks such as sodas, fruit juices, and fermented sugar, sweetened yoghurt, milk will rise if MPs approve new tax proposals. A proposed change to the Finance Bill, 2025 seeks to introduce a Health Promotion Levy in the soft drinks industry.

1 week ago | businessdailyafrica.com | Edwin Mutai

Investors in the cryptocurrency market want Parliament to reduce the Sh10 million fine prescribed in the Virtual Asset Service Providers (VASPs) Bill, 2025, arguing it is excessively punitive. The Bill provides for fines up to Sh10 million per infraction and prison term of up to five years for violators.

1 week ago | nation.africa | Edwin Mutai

Private property developers have warned that the Treasury's proposal to scrap the 15 percent tax rebate available to companies that construct at least 100 residential units annually will discourage investment, increase property prices, and slow down housing development. The Kenya Property Developers Association (KPDA) said the proposal in the Finance Bill, 2025 negates the government agenda of providing tax incentives and exemptions to support government affordable housing programs and projects.